UPDATE: Portland General Electric (POR) Tops Q4 EPS by 1c

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Go back to UPDATE: Portland General Electric (POR) Tops Q4 EPS by 1c

Portland General Electric announces 2018 financial results and initiates 2019 earnings guidance

February 15, 2019 5:00 AM EST

PORTLAND, Ore., Feb. 15, 2019 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $212 million, or $2.37 per diluted share, for the year ended Dec. 31, 2018.  This compares with a net income of $187 million, or $2.10 per diluted share, for the year ended Dec. 31, 2017.  Net income was $49 million, or $0.55 per diluted share, for the fourth quarter of 2018.  This compares with $42 million, or $0.48 cents per diluted share, for the comparable period of 2017.

"We are pleased with our strong financial results for 2018 and excited to announce the bid chosen from the Renewable... More